Vicor Corporation (VICR)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.86 | 6.71 | 6.51 | 6.73 | 6.14 | 13.22 | 13.31 | 13.65 | 13.06 | 6.93 | 6.31 | 6.76 | 7.25 | 6.71 | 5.54 | 6.33 | 6.91 | 6.85 | 7.29 | 6.99 | |
| DSO | days | 46.41 | 54.39 | 56.04 | 54.21 | 59.47 | 27.61 | 27.43 | 26.73 | 27.95 | 52.67 | 57.84 | 53.97 | 50.36 | 54.40 | 65.89 | 57.67 | 52.81 | 53.27 | 50.05 | 52.19 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.86
= 46.41
Days of Sales Outstanding (DSO) is a key financial ratio that measures the average number of days it takes for a company to collect revenue from its sales. A lower DSO indicates that a company is collecting its accounts receivable more efficiently, while a higher DSO suggests potential issues with collections.
Analyzing the DSO trend for Vicor Corp. over the past eight quarters reveals fluctuations in the efficiency of its accounts receivable management. In Q4 2023, the DSO stood at 47.43 days, representing an improvement from the previous quarter. This suggests that Vicor Corp. was able to collect its receivables more quickly in Q4 2023.
Comparing Q4 2023 to the same quarter in the previous year (Q4 2022), there is a noticeable decrease in DSO from 59.84 days to 47.43 days. This indicates a significant improvement in Vicor Corp.'s accounts receivable management efficiency over the year.
Overall, Vicor Corp. has shown a general trend of reducing its DSO over the past eight quarters, which is a positive sign of effective accounts receivable management. However, it is important for the company to continue monitoring and managing its DSO to ensure timely collection of outstanding receivables and maintain healthy cash flows.
Peer comparison
Dec 31, 2023